Rivian Automotive’s (RIVN) “Buy” Rating Reaffirmed at Benchmark

Benchmark reissued their buy rating on shares of Rivian Automotive (NASDAQ:RIVN) in a research report report published on Friday,Benzinga reports. Benchmark currently has a $25.00 price target on the electric vehicle automaker’s stock.

Several other research analysts also recently issued reports on RIVN. Bank of America started coverage on Rivian Automotive in a research note on Wednesday, March 4th. They set an “underperform” rating and a $14.00 price target for the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a $22.00 price target on shares of Rivian Automotive in a research note on Monday, April 6th. Piper Sandler cut their price target on Rivian Automotive from $20.00 to $18.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Wall Street Zen raised Rivian Automotive from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 18th. Finally, Stifel Nicolaus lifted their price target on Rivian Automotive from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Twelve research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, Rivian Automotive has an average rating of “Hold” and a consensus price target of $18.41.

Rivian Automotive Price Performance

Rivian Automotive stock traded down $1.37 during midday trading on Friday, reaching $15.04. The company’s stock had a trading volume of 53,241,996 shares, compared to its average volume of 22,747,178. Rivian Automotive has a fifty-two week low of $11.57 and a fifty-two week high of $22.69. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.89 and a current ratio of 2.33. The stock’s 50 day simple moving average is $15.71 and its 200 day simple moving average is $16.18. The firm has a market capitalization of $18.66 billion, a PE ratio of -4.90 and a beta of 1.64.

Rivian Automotive (NASDAQ:RIVN) last released its earnings results on Thursday, February 12th. The electric vehicle automaker reported ($0.54) EPS for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.14. Rivian Automotive had a negative return on equity of 72.68% and a negative net margin of 63.62%.The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the company earned ($0.70) earnings per share. Rivian Automotive’s quarterly revenue was down 25.8% compared to the same quarter last year. On average, equities research analysts forecast that Rivian Automotive will post -3.04 earnings per share for the current year.

Insider Activity

In related news, CEO Robert J. Scaringe sold 34,900 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total value of $586,320.00. Following the completion of the transaction, the chief executive officer owned 1,044,731 shares of the company’s stock, valued at approximately $17,551,480.80. The trade was a 3.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Claire Mcdonough sold 27,133 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $16.80, for a total transaction of $455,834.40. Following the completion of the transaction, the chief financial officer directly owned 680,836 shares of the company’s stock, valued at $11,438,044.80. The trade was a 3.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 148,888 shares of company stock valued at $2,411,276 in the last three months. 2.16% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. raised its stake in Rivian Automotive by 113.6% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,880 shares of the electric vehicle automaker’s stock valued at $26,000 after purchasing an additional 1,000 shares during the last quarter. Core Wealth Advisors LLC purchased a new stake in Rivian Automotive in the 4th quarter valued at about $27,000. Mather Group LLC. purchased a new stake in Rivian Automotive in the 3rd quarter valued at about $30,000. Hemington Wealth Management grew its holdings in Rivian Automotive by 291.0% in the 3rd quarter. Hemington Wealth Management now owns 2,123 shares of the electric vehicle automaker’s stock valued at $31,000 after buying an additional 1,580 shares during the period. Finally, SOA Wealth Advisors LLC. grew its holdings in Rivian Automotive by 894.2% in the 4th quarter. SOA Wealth Advisors LLC. now owns 1,551 shares of the electric vehicle automaker’s stock valued at $31,000 after buying an additional 1,395 shares during the period. Institutional investors and hedge funds own 66.25% of the company’s stock.

More Rivian Automotive News

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Q1 beat driven by higher deliveries and software growth — Rivian topped EPS and revenue estimates, reported year-over-year delivery gains and rising software & services revenue, validating improving unit economics as R2 production begins. Zacks: Rivian Q1 Earnings Beat
• Positive Sentiment: R2 production ramp and Georgia plant capacity increase — Rivian has begun scalable R2 production and raised initial Georgia plant capacity to 300k units (50% higher), a move aimed at lowering per‑unit costs over time. These operational levers justify upside if demand materializes. BusinessWire: Optimized Capacity Plan
• Positive Sentiment: Analyst support remains — Multiple firms reaffirmed buy/outperform or raised targets (Benchmark, Needham, BNP Paribas Exane, Cantor Fitzgerald raised its PT), leaving sizable upside in broker models that can prop investor interest. Benzinga: Analyst Notes
• Neutral Sentiment: DOE loan amended and timing changed — Rivian renegotiated its DOE loan down to $4.5B (from ~$6.6B) but can draw funds sooner; that reduces long‑term headroom while accelerating near‑term liquidity access. Market reaction depends on how investors weigh later capacity vs earlier funding. Reuters: DOE Loan Change
• Negative Sentiment: Cash burn and margin/cash‑flow worries pressured sentiment — Despite the beat, investors focused on elevated automotive losses, rising costs and ongoing cash consumption that could require more financing or slow path to positive free cash flow. Fool: Cash Burn Focus
• Negative Sentiment: Customer concentration and demand signals raised concern — Commentators flagged growing reliance on Amazon for auto revenue and investors noted that management did not provide stronger R2 demand clarity, prompting short‑term selling. Invezz: Amazon Reliance

About Rivian Automotive

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.